Rich sleep on their money, leaving poor high and dry| Zakat collection drops by 40% | Ikram Hoti | ISLAMABAD: The failure of the government to deduct zakat from wealth taxpayers and allowing wealthy people to refuse paying it has reduced the collection needed by...SMEs development essential for economic uplift: Najam| Saeed Ahmed | RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) President Najam Rehan has said that development of Small and Medium Enterprises (SMEs) sector was essential for the economic up...Centre planning to ensure food security, raise agri produce| Mohammad Ali Khan | PESHAWAR: The federal government is considering a five-year plan to ensure food preservation and enhancement of productivity of crops and livestock in the four provinces. | The Planning Co...SCCI hails governor’s efforts for promotion of trade activities| PESHAWAR: A nine member representative delegation of Sarhad Chamber of Commerce and Industry led by its President Malik Niaz Ahmad called on the NWFP Governor Khalilur Rehman here Thursday and apprised him ab...Colgate leads in toothpaste martMUMBAI: Oral care major Colgate-Palmolive (India) Ltd's toothpaste market share has touched a two-year high in March 2005. According to the AC Nielsen retail offtake data, the company's share in the toothpaste ...FIA conducts raids to arrest copyright violators| By our correspondent | KARACHI: The Corporate Crime Circle (CCC) of the Federal Investigation Agency (FIA) are conducting raids in search of those who had been nominated in cases of illegal trade of pirated C...Reckitt applies for drug licenceMUMBAI: In a bid to comply with directives of the Maharashtra Food and Drug Administration, Kolkata-based Reckitt and Benckiser has applied to it for a drug licence. Last month, the FDA had curtailed the sale o...UCBs failing at alarming rate, says Fitch studyMUMBAI: Nearly one out of three urban co-operative banks (UCBs) that had started operations between 1993 and 2001 have failed. And this alarmingly high failure rate is mainly because of inadequate risk manageme...Companies Act: Panel set up to end lingering suitsNEW DELHI: The ministry of company affairs (MCA) has set up five-member expert group to examine ways to end about 45,562 legal suits over minor technical lapses that are lingering on for years in various courts...‘Adopt latest tech to boost agriculture yield’| By Our Correspondent | PAKISTAN Economic Research Institute Director Dr Muhammad Jameel said that agricultural yield in the Pakistani Punjab was 30 per cent less than that of the Indian Punjab and advocated f...Gen. Ozturk calls on Corps Commander Shahid| LAHORE: Major General Zekeriya Ozturk, Chief of Operational Division, Turkish Land Forces, currently on an official visit to Pakistan, called on Corps Commander Lieutenant General Shahid Aziz at his office he...